About Paycom
Paycom is a company based in Oklahoma City (United States) founded in 1998 by Chad Richison. It operates as a SaaS (Software-as-a-Service), and Subscription Services. The company has 7,310 employees as of December 31, 2024. Paycom offers products and services including Beti, IWant, and Direct Data Exchange. Paycom operates in a competitive market with competitors including Workday, Kronos, Darwinbox, Sage Group and People Strong, among others.
- Headquarter Oklahoma City, United States
- Employees 7310 as on 31 Dec, 2024
- Founders Chad Richison
- Stage Public
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Paycom Software, Inc.
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Annual Revenue
$1.88 B11.19as on Dec 31, 2024
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Net Profit
$502 M47.31as on Dec 31, 2024
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EBITDA
$910.2 M35.31as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
7310
as on Dec 31, 2024
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IPO & Listings of Paycom
Paycom is a publicly listed company on the NYSE with ticker symbol PAYC in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Paycom
Paycom offers a comprehensive portfolio of products and services, including Beti, IWant, and Direct Data Exchange. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Automated payroll processing is managed by employee input.
Employee data access is enabled through AI-driven search.
Real-time ROI tracking is provided for software usage.
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Funding Insights of Paycom
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Paycom
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Paycom
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Paycom Comparisons
Competitors of Paycom
Paycom operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Workday, Kronos, Darwinbox, Sage Group and People Strong, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Cloud-based HR and financial software is delivered to enterprises.
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| domain | founded_year | HQ Location |
HCM software solutions for enterprise workforce management are provided.
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| domain | founded_year | HQ Location |
Human capital management platform is provided for HR process automation.
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| domain | founded_year | HQ Location |
Cloud-based accounting and payroll solutions for small and medium businesses
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| domain | founded_year | HQ Location |
Cloud-based human resource management software is offered.
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| domain | founded_year | HQ Location |
Cloud-based payroll and HR solutions are provided for businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Paycom
Frequently Asked Questions about Paycom
When was Paycom founded?
Paycom was founded in 1998.
Where is Paycom located?
Paycom is headquartered in Oklahoma City, United States. It is registered at Oklahoma City, Oklahoma, United States.
Who is the current CEO of Paycom?
Chad Richison is the current CEO of Paycom. They have also founded this company.
How many employees does Paycom have?
As of Dec 31, 2024, the latest employee count at Paycom is 7,310.
What is the annual revenue of Paycom?
Annual revenue of Paycom is $1.88B as on Dec 31, 2024.
What does Paycom do?
Paycom is established as a provider of comprehensive HR and payroll software solutions. Services are offered across various sectors including education, health care, hospitality, manufacturing, nonprofits, retail, and transportation. A single database system is utilized to ensure seamless data flow and automation. Solutions such as Beti for payroll, IWant for data access, and Direct Data Exchange for ROI tracking are developed to enhance efficiency. Support is extended to businesses of all sizes, from small to enterprise levels, with dedicated service teams.
Who are the top competitors of Paycom?
Paycom's top competitors include Workday, SuccessFactors and Sage Group.
What products or services does Paycom offer?
Paycom offers Beti, IWant, and Direct Data Exchange.
Is Paycom publicly traded?
Yes, Paycom is publicly traded on NYSE under the ticker symbol PAYC.
What is Paycom's ticker symbol?
The ticker symbol of Paycom is PAYC on NYSE.